Hi Dal, appreciate the reply.
Very much understand about U/G mines and short on paper mine lives.
While to date NST has been able to convert the resources into reserves at a rate of 100%, nothing is guaranteed in mining. Plus, last year, they were only able to increase the resource base of Paulsens by 7% after production, unlike its other mines which saw much larger increases.
Not long to wait to see what they have been able to achieve, with the next June 30 resource/reserve update.
I wonder how long they will hold onto Paulsens when it just does not fit what NST espouse to be, a significant miner with large 200k p.a mines.
Hi Dal, appreciate the reply. Very much understand about U/G...
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